Quarterly Report for Quarter Ending July 31, 2026 (Form 10-Q)

MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

A CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS

This Quarterly Report on Form 10-Q contains forward-looking statements relating to future events and our future financial performance. In some cases, forward-looking statements may be identified by terminology such as "may," "should," "expects," "plans," "anticipates," "believes," "estimates," "predicts," "potential," "continue," or the negative of these terms or other comparable terminology. These statements are predictions and involve known and unknown risks, uncertainties, and other factors that may cause our actual results, levels of activity, performance, or achievements to differ materially from those expressed or implied by such forward-looking statements.

These forward-looking statements reflect management's current expectations, estimates, and assumptions as of the date of this report and are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied. No assurance can be given that the anticipated results or events will occur. Except as required by applicable law, the Company undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise.

DESCRIPTION OF BUSINESS

GENERAL

Business Overview: AI-Native Company Operating System and Forward-Deployed Solutions

Glidelogic Corp. is an artificial intelligence technology and business solutions company developing a modular, AI-native operating framework for commercial enterprises. The Company's long-term objective is to establish an AI-based operating system that can be adapted across different businesses and industries, enabling artificial intelligence to function as an integrated operating layer rather than as a collection of standalone tools.

The Company uses a forward-deployed operating model to identify customer needs, understand existing business processes, design AI-enabled workflows and coordinate the implementation of practical solutions within customer operations. Through this approach, the Company seeks to gain a detailed understanding of how each customer conducts its business and to convert customer-specific implementations into reusable technologies, workflows and operating modules.

The Company's current operating focus consists of four interconnected areas:

1.AI Business Transformation

The Company applies artificial intelligence to improve and automate traditional business workflows. These services may include workflow analysis, process redesign, information management, research, document preparation, internal administration, customer operations and other business functions that can benefit from AI-assisted execution and decision support.

2.AI Financial Solutions

The Company applies artificial intelligence to support commercial financing workflows, including identifying potential financing opportunities, organizing business and transaction information, assisting with application materials and coordinating information among customers and third-party financing providers. These solutions are intended to help businesses pursue working-capital, receivables, supply-chain and order-financing opportunities more efficiently.

3.AI Content Production and Intellectual Property

The Company develops and uses AI-assisted workflows for research, writing, long-form narrative development, scripts, novels, visual concepts, comics, short-form productions and other creative materials. These capabilities may be used to develop standalone intellectual property or to produce the content required to support marketing, branding, commerce and customer-engagement activities.

4.AI Marketing and Commerce

The Company applies artificial intelligence to the planning, execution and management of marketing and commerce activities. These services may include campaign planning, marketing-budget administration, content deployment, spending controls, performance analysis, customer acquisition, sales support and commission-based commercial activities. AI Content Production provides the creative materials used in these activities, while AI Marketing and Commerce focuses on their deployment, management and commercial performance.

The Company works with affiliated service providers as part of its operating model. Streamline USA, Inc. provides software design, research and development, technical consulting and implementation services for certain Company projects. Propaganda GEM Inc., an entertainment-marketing agency established in 1991, provides entertainment-marketing, brand-development, content-commercialization and related industry support when required by a project. Glidelogic's role is to manage the customer-facing process, develop the solution strategy, coordinate project delivery and guide the development of reusable components within its broader AI-native operating framework.

The Company maintains a lean and flexible operating structure and intends to use artificial intelligence to increase the level of automation applied to research, analysis, documentation, development support and consulting activities. Human direction and review remain part of the Company's current delivery process. Over time, the Company intends to increase automation while concentrating its internal resources on customer engagement, forward-deployed implementation and platform strategy.

REVENUE

The Company's revenue model is based on providing AI-enabled business services and participating in the commercial results created through those services. The Company currently emphasizes project-based engagements and intends to develop additional recurring, transaction-based and performance-based revenue opportunities as its operating framework becomes more standardized and reusable.

The Company's potential revenue sources correspond to its four operating areas:

1.AI Business Transformation Revenue

The Company may generate project, consulting, implementation and management fees from the analysis, design and deployment of AI-enabled business workflows. Depending on the engagement, the Company may also provide continuing support, workflow management or access to reusable software and operating modules.

2.AI Financial Solutions Revenue

The Company may earn consulting, referral, implementation or success-based fees by assisting commercial customers with financing-related workflows and connecting qualified businesses with third-party financing providers. The Company's role is focused on technology, information preparation, workflow coordination and commercial support.

3.AI Content Production and Intellectual Property Revenue

The Company may generate revenue from content-development services, production fees, licensing, distribution, royalties and other forms of intellectual-property commercialization. AI-generated or AI-assisted content may be commercialized independently or used as part of broader marketing and commerce engagements.

4.AI Marketing and Commerce Revenue

The Company may earn marketing-management fees, campaign service fees, performance-based compensation, sales commissions, brand-integration fees and other commerce-related compensation. Revenue may be associated with managing marketing activities, deploying content, supporting customer acquisition or participating in sales generated through Company-managed commercial programs.

The Company intends to use experience gained from individual customer engagements to develop repeatable workflows and modular solutions. If successful, this approach may allow the Company to supplement project-based revenue with recurring service, platform, licensing and transaction-based revenue. The timing and amount of revenue from any particular source will depend on customer adoption, project requirements, contractual arrangements and commercial performance.

MARKETING

The Company's marketing strategy is centered on direct engagement with commercial enterprises that are seeking to integrate artificial intelligence into existing business operations. Rather than marketing a single standardized software product, the Company initially works with customers to identify operational challenges and determine where AI-enabled workflows can produce practical business value.

The Company's forward-deployed approach is an important part of its customer-development strategy. By working directly with customers and adapting solutions to their existing operations, the Company seeks to demonstrate value through implementation. Successful deployments may generate referrals, expanded assignments and opportunities to apply similar solutions to other customers and industries.

The Company also intends to market its four operating areas as parts of an integrated business framework. AI Business Transformation addresses general operating workflows. AI Financial Solutions supports access to commercial financing opportunities. AI Content Production creates the written, visual and intellectual-property materials required by businesses. AI Marketing and Commerce deploys those materials through campaigns, customer acquisition and sales activities.

AI Content Production and AI Marketing and Commerce are closely connected but perform different functions. The content operation is responsible for researching, designing and producing creative materials. The marketing and commerce operation is responsible for selecting channels, administering campaigns and budgets, monitoring performance and converting customer attention into commercial activity.

Propaganda GEM Inc. may support the Company's marketing activities through its experience in entertainment marketing, brand integration, content commercialization and industry relationships. Streamline USA, Inc. may support demonstrations, integrations and technical implementations required during the customer-development process.

The Company expects to use a combination of direct business development, management relationships, strategic referrals, affiliated-company resources, project demonstrations and performance-based case studies to acquire customers. The Company also intends to use its own AI capabilities to improve market research, content preparation, campaign analysis and customer follow-up.

COMPETITION

The markets for artificial intelligence, business consulting, financial technology, content production, digital marketing and commerce services are highly competitive and continue to evolve rapidly. The Company may compete with enterprise software providers, AI consulting firms, systems integrators, financial-technology platforms, financing intermediaries, content-production companies, marketing agencies and companies offering specialized AI applications.

Many existing and potential competitors have greater financial, technical, personnel, marketing and customer resources than the Company. Competitors may also have more established products, larger customer bases, broader distribution channels and greater access to capital. The Company's ability to compete will depend on its ability to deliver useful customer outcomes, adapt to changes in AI technology, manage projects effectively and convert customer-specific work into reusable capabilities.

Strategic Positioning

The Company does not intend to compete primarily by developing general-purpose foundation models. Instead, it seeks to apply available artificial-intelligence technologies to practical business operations through an integrated, forward-deployed approach.

The Company believes its competitive positioning is based on the combination of:

1.direct engagement with customers to understand operational requirements;

2.the integration of business transformation, financial workflows, content production, marketing and commerce within a coordinated operating framework;

3.the ability to combine customer-specific implementation with the development of reusable modules;

4.access to affiliated technical-development and entertainment-marketing capabilities; and

5.a lean operating structure that allows the Company to adapt its resources to individual customer and project requirements.

Unlike standalone AI tools that address a single task, the Company seeks to coordinate multiple functions across the customer's operating process. Unlike traditional consulting or marketing firms that may rely primarily on manual execution, the Company intends to increase the use of AI throughout research, analysis, documentation, implementation support, content production and performance management.

The Company's forward-deployed model is intended to create a recurring development cycle in which customer engagement informs solution design, project implementation produces operating experience, and that experience is used to develop more standardized and reusable capabilities. The Company believes this process may improve the efficiency and scalability of future deployments, although its ability to achieve these benefits will depend on execution, customer adoption and continued technological development.

Operational Competitive Advantage

The Company believes its principal operational advantage is the combination of a lean organizational structure, AI-enabled internal processes and access to affiliated technical and marketing resources. This structure allows the Company to concentrate its internal efforts on customer engagement, solution architecture, project coordination and platform strategy while using specialized resources for technical development and entertainment-marketing execution.

As the Company completes additional customer engagements, it intends to incorporate the resulting operational knowledge into its modular AI-native framework. The Company believes that the continuing conversion of project experience into reusable workflows and operating modules may strengthen its ability to serve future customers efficiently and differentiate its services from standalone AI tools and traditional service providers.

EMPLOYEES; IDENTIFICATION OF CERTAIN SIGNIFICANT EMPLOYEES.

As of July 31, 2026, the Company had two employees: Mr. Dapeng Ma, the Company's President and a director, and Mr. Yitian Xue, the Company's Chief Executive Officer, Chief Financial Officer and a director. Mr. Ma and Mr. Xue were appointed as directors of the Company on May 15, 2023 and jointly oversee the Company's day-to-day operations. The Company may hire additional employees as needed.

INSURANCE

The Company does not currently maintain business liability insurance. As a result, the Company may be exposed to uninsured losses or liabilities arising from its operations, including the costs of defending legal proceedings and satisfying any resulting judgment. Any significant uninsured loss or liability could have a material adverse effect on the Company's financial condition and ability to continue operations. The Company will evaluate its insurance needs as its business and operations develop.

OFFICES

As of July 31, 2026, the Company's principal executive office is located at 8275 S. Eastern Ave., Suite 200-#406, Las Vegas, Nevada 89123.

GOVERNMENT REGULATION

The Company is required to comply with the laws, regulations, rules, and directives of governmental authorities applicable to its business in each jurisdiction in which it operates. Although management does not currently expect such regulation to have a material adverse effect on the Company's operations, changes in applicable laws or regulations, or the Company's failure to comply with them, could adversely affect its business, financial condition, and results of operations.

LEGAL PROCEEDINGS

As of July 31, 2026, the Company was not a party to any material pending legal proceeding and was not aware of any material legal proceeding threatened against the Company. From time to time, the Company may become involved in legal proceedings arising in the ordinary course of business.

RESULTS OF OPERATIONS

For the three and six months ended July 31, 2026, the Company generated revenue of $160,038, compared with no revenue and revenue of $77, respectively, for the corresponding periods in 2025. Cost of revenue was $100,500 for both current-year periods, compared with no cost of revenue for either corresponding prior-year period, resulting in gross profit of $59,538 for both the three- and six-month periods ended July 31, 2026. The current-period revenue and related cost of revenue were primarily attributable to a project-based AI workflow optimization and advisory engagement for which Streamline USA, Inc., a related party, provided project-related professional services. Operating expenses were $24,344 for the three months ended July 31, 2026, compared with $23,030 for the corresponding period in 2025, an increase of $1,314. Operating expenses were $51,556 for the six months ended July 31, 2026, compared with $37,997 for the corresponding period in 2025, an increase of $13,559. The six-month increase was primarily attributable to higher professional fees and travel and business-relations expenses. The Company reported net income of $35,194 and $7,982 for the three and six months ended July 31, 2026, respectively, compared with net losses of $23,030 and $37,920 for the corresponding periods in 2025.

The accompanying financial statements have been prepared assuming that the Company will continue as a going concern. Accordingly, the financial statements do not include any adjustments to the carrying amounts and classification of assets and liabilities that might be necessary if the Company were unable to continue as a going concern.

The Company remains focused on developing additional and more consistent sources of revenue under the business plan described in this report. Although the Company generated revenue during the current period, substantially all of such revenue was derived from a single project-based engagement and does not yet represent an established recurring source of revenue. The Company may require additional capital to support its operations and long-term business objectives and may seek such capital through equity financing, related-party funding, or other available financing alternatives. There can be no assurance that the Company will be able to obtain sufficient additional financing on acceptable terms, or at all.

LIQUIDITY AND CAPITAL RESOURCES

As of July 31, 2026, the Company's total assets were $13,757, consisting of $11,474 in current assets and $2,283 in fixed assets, compared with total assets of $5,196 as of January 31, 2026, consisting of $2,703 in current assets and $2,493 in fixed assets.

As of July 31, 2026, the Company's current liabilities were $131,687 and its stockholders' deficit was $117,930, compared with current liabilities of $131,108 and a stockholders' deficit of $125,912 as of January 31, 2026.

CASH FLOWS FROM OPERATING ACTIVITIES

For the six months ended July 31, 2026, net cash flows used in operating activities was $1,325.

For the six months ended July 31, 2025, net cash flows used in operating activities was $55,349.

The decrease in cash used in operating activities was primarily attributable to improvement in net operating results, a smaller decrease in accounts payable, a smaller increase in prepaid expenses, and the absence of a decrease in customer prepayments during the current-year period.

CASH FLOWS FROM INVESTING ACTIVITIES

For the six months ended July 31, 2026, net cash provided by or used in investing activities was $0.

For the six months ended July 31, 2025, net cash provided by or used in investing activities was $0.

CASH FLOWS FROM FINANCING ACTIVITIES

For the six months ended July 31, 2026, net cash provided by financing activities was $1,406.

For the six months ended July 31, 2025, net cash provided by financing activities was $55,391.

The net cash provided by financing activities during the current period reflected funding from related-party notes payable, substantially offset by repayments made during the period. The decrease compared to the prior-year period was primarily attributable to lower net related-party funding.

During the current period, the Company generated revenue from a project-based customer engagement, reducing its reliance on related-party funding compared to the corresponding prior-year period. However, because this revenue does not yet represent an established recurring source of revenue, the Company continues to rely on its controlling shareholders and related-party loans to support its operations and may require additional financing.

OFF-BALANCE SHEET ARRANGEMENTS

We have no off-balance sheet arrangements that have or are reasonably likely to have a current or future effect on our financial condition, changes in financial condition, revenues or expenses, results of operations, liquidity, capital expenditures or capital resources.